Архив меток: Fines

Kentucky Supreme Court slams Flutter with $1.2 billion The Stars Group ruling

In Kentucky, the battle against illegal offshore internet gambling that has waged for a decade concluded on Thursday after the Kentucky Supreme Court reinstated a nearly $1.3 billion award for the southeastern state in a judgment against Irish bookmaking company Flutter Entertainment. Originally brought by the Commonwealth of Kentucky in 2010, the Franklin Circuit Court’s […] Source link

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Temporary suspension for Connecticut’s East Windsor casino plan

The Mohegan Tribe and the Mashantucket Pequot Tribal Nation have reportedly shelved their long-running plan to bring a $300 million satellite casino to the small northern Connecticut community of East Windsor. According to a Wednesday report from the Hartford Courant newspaper, the federally-recognized pair announced the indefinite suspension last week amid a coronavirus-induced downturn in […] Source link

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Financial difficulties continue for Imperial Pacific International Holdings Limited

In the Commonwealth of the Northern Mariana Islands and besieged casino operator Imperial Pacific International Holdings Limited is reportedly set to be officially investigated after failing to pay its employees for a fourth consecutive week. According to a report from Inside Asian Gaming citing multiple newspapers in the American territory, the Hong Kong-headquartered firm is […] Source link

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Gambling Commission fines BoyleSports Enterprises £2.8 million for rules breach

Boylesports Enterprise now faces tougher licensing conditions and a huge £2.8 million fine after the UK Gambling Commission completed an assessment of the company finding it in breach of money laundering rules. Both Boylesports.com and Boylecasino.com were found to be in violation of rules created to prevent money laundering practices. The Investigation The Gambling Commission […] Source link

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Bulgarian brothers hit with tennis bans and fines

The Tennis Integrity Unit anti-corruption organization has announced that it has instituted significant bans and fines against tennis-playing brothers Karen and Yuri Khachatryan after the pair were adjudged to have committed a number of match-fixing offences. A joint initiative of the Association of Tennis Professionals (STP), the Women’s Tennis Association (WTA), the International Tennis Federation […] Source link

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Gambling Commission penalizes London’s Park Lane Casino

In the United Kingdom and the Gambling Commission regulator has announced the revocation of the casino operating license held by Silverbond Enterprises Limited for London’s members-only Park Lane Casino owing to money laundering concerns. The authority used an official Wednesday press release to detail that the operator behind the Mayfair property recently underwent ‘a change […] Source link

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